Investing is a long journey of self-discipline,
during which the most common feelings are often loneliness and the torment of counterintuitiveness.
During difficult times, when self-doubt arises,
it may be wise to return to common sense.
Examine your strategy and see if it contradicts these basic principles. Common sense may not guarantee you victory every time,
but it can help you stand firm amidst volatility and move forward over time.
Most people's judgments about the future,
are actually hijacked by recent fluctuations—being more optimistic the longer the rises last, and more pessimistic the longer the declines persist.
Therefore, question your emotions more and leave yourself an escape route; this is a form of survival wisdom.
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